by AIP Online Bureau | Dec 2, 2022 | International News, Non-Life, Reinsurance
According to preliminary estimates, overall losses from all storms amounted to around US$ 110bn, with insured losses in the magnitude of US$ 65bn (excluding the National Flood Insurance Program NFIP1) `2022 continues the trend of increasing losses from US hurricanes...
by AIP Online Bureau | Dec 2, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“In 2022, we have continued to strengthen our business and a key part of this success is building a team that inspires and energises each other to create differentiated solutions for clients and deliver the exceptional level of service our clients demand, George...
by AIP Online Bureau | Dec 2, 2022 | Articles, Health, Life, Non-Life, Policy, Regulation
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
by AIP Online Bureau | Dec 2, 2022 | Health, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...
by AIP Online Bureau | Dec 1, 2022 | Indian News, Life, Non-Life
According to Duff and Phelps’ valuation report, the liquidation value of Reliance General Insurance is Rs 7,000 crore, and Reliance Life Insurance is Rs 4,000 crore. On the other hand, RBSA has given a liquidation value of Rs 7,500 crore and Rs 4,300 crore for...
